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Why changes in minimum wage can affect higher paid

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Reference no: EM132881611

Question 1: Explain why changes in minimum wage can affect higher paid employees as well. Providing an example will strengthen your response.

Question 2: What factors help account for the pay gap?

Question 3: Describe how employers can control labor costs. Include in your response what might be some of the affects from these control methods (either positive or negative).

Question 4: What activities in managing the pay system are likely candidates to be outsourced? Why?

Question 5: What will HR professionals face in the future of compensation?

Reference no: EM132881611

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